The Personal Deodorants and Antiperspirants market in Hungary exhibited fluctuations from 2013 to 2023. In 2013, the market was valued at $101.09 million USD, peaking slightly to $102.7 million in 2014, but then gradually declined to $87.082 million by 2017. The market saw recovery and slight growth with values increasing yearly to reach $94.155 million by 2023. The year-on-year growth has remained modest, with an increase of 1.89% in 2023. Over the last five years, the compound annual growth rate (CAGR) is observed to be at 0.29%, indicating a slow yet stable market recovery.
Future trends to watch for include:
- Potential shifts in consumer preference towards natural and organic deodorants, aligning with global health trends.
- The impact of innovations in formulation technologies that could enhance product effectiveness and drive market demand.
- Economic factors and consumer spending behavior influencing the market post-2023.
How does Hungary rank in Personal Deodorants and Antiperspirants Market Size Value?
| # | 59 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 2,091,500,000 | 2023 | +0.93% | +0.98% | View data |
| 2 | 2 United Kingdom | 1,026,800,000 | 2023 | +1.06% | -1.85% | View data |
| 3 | 3 Germany | 779,790,000 | 2023 | -0.32% | -0.98% | View data |
| 4 | 4 France | 675,390,000 | 2023 | -0.52% | -1.07% | View data |
| 5 | 5 Spain | 454,760,000 | 2023 | +1.84% | -1.19% | View data |
| 22 | 22 Ukraine | 103,110,000 | 2023 | -0.43% | -0.11% | View data |
| 23 | 23 Philippines | 98,625,000 | 2023 | +2.03% | +2.72% | View data |
| 24 | 24 Hungary | 94,155,000 | 2023 | +1.89% | +0.29% | |
| 25 | 25 Sweden | 91,968,000 | 2023 | +0.15% | +0.2% | View data |
| 26 | 26 Austria | 84,700,000 | 2023 | -0.86% | -0.62% | View data |
